California Sample Employment Agreement between Telocity, Inc. and President and Chief Executive Officer

• Category: Corporations - Public - Employment
• State: Multi-State
• Control #: US-EG-9108
• Format: Word; Rich Text

Description

Employment Agreement between Telocity, Inc. and Patricia Manuel as President and Chief Executive Officer dated May 5, 1999. 9 pages California Sample Employment Agreement between Velocity, Inc. and President and Chief Executive Officer: This employment agreement is made and entered into between Velocity, Inc., a California corporation (referred to as the "Company") and [President and CEO's Name] (referred to as the "Executive"), with an effective date of [insert date]. 1. Position and Duties: The Executive shall serve as the President and Chief Executive Officer of the Company. The Executive's duties include, but are not limited to, overseeing the day-to-day operations, setting strategic goals, leading teams, and ensuring the overall success and growth of the Company. 2. Term of Employment: The term of this agreement shall commence on the effective date and continue until either party terminates it pursuant to the provisions set forth in this agreement. 3. Compensation: The Executive shall be entitled to receive a base salary of [insert amount], payable in accordance with the Company's regular payroll schedule. In addition to the base salary, the Executive may be eligible for performance-based bonuses, equity grants, and other benefits as determined by the Company's Board of Directors. 4. Confidentiality and Non-Compete: During the course of employment, the Executive will have access to confidential information and trade secrets of the Company. The Executive agrees to keep such information confidential and not to disclose or use it for personal gain or to the detriment of the Company. Additionally, the agreement may contain clauses restricting the Executive from engaging in competing activities during and after employment. 5. Termination: This agreement may be terminated by either party with or without cause, subject to specified notice periods and severance pay. Termination may also occur upon the Executive's death or disability. Other Types of California Sample Employment Agreements for President and Chief Executive Officer: 1. California Sample Employment Agreement — President and Chief Executive Officer – Start-up: This type of agreement may include provisions relevant to start-up companies, such as equity grants, stock options, and additional compensation structures tied to the company's success. 2. California Sample Employment Agreement — Interim President and Chief Executive Officer: In situations where a company requires temporary leadership, this agreement is designed for interim executives who step in to fill the vacant position for a limited period. 3. California Sample Employment Agreement — President and Chief Executive Officer – Nonprofit: Nonprofit organizations often have unique requirements and regulations. This agreement would be tailored to address the specific needs of a nonprofit and may include provisions related to fundraising efforts, grant management, and compliance with state and federal regulations. It's important to consult legal professionals and adapt these sample employment agreements to suit the specific needs and circumstances of Velocity, Inc. and the executive involved to ensure compliance with California employment laws and regulations.

California Sample Employment Agreement between Velocity, Inc. and President and Chief Executive Officer: This employment agreement is made and entered into between Velocity, Inc., a California corporation (referred to as the "Company") and [President and CEO's Name] (referred to as the "Executive"), with an effective date of [insert date]. 1. Position and Duties: The Executive shall serve as the President and Chief Executive Officer of the Company. The Executive's duties include, but are not limited to, overseeing the day-to-day operations, setting strategic goals, leading teams, and ensuring the overall success and growth of the Company. 2. Term of Employment: The term of this agreement shall commence on the effective date and continue until either party terminates it pursuant to the provisions set forth in this agreement. 3. Compensation: The Executive shall be entitled to receive a base salary of [insert amount], payable in accordance with the Company's regular payroll schedule. In addition to the base salary, the Executive may be eligible for performance-based bonuses, equity grants, and other benefits as determined by the Company's Board of Directors. 4. Confidentiality and Non-Compete: During the course of employment, the Executive will have access to confidential information and trade secrets of the Company. The Executive agrees to keep such information confidential and not to disclose or use it for personal gain or to the detriment of the Company. Additionally, the agreement may contain clauses restricting the Executive from engaging in competing activities during and after employment. 5. Termination: This agreement may be terminated by either party with or without cause, subject to specified notice periods and severance pay. Termination may also occur upon the Executive's death or disability. Other Types of California Sample Employment Agreements for President and Chief Executive Officer: 1. California Sample Employment Agreement — President and Chief Executive Officer – Start-up: This type of agreement may include provisions relevant to start-up companies, such as equity grants, stock options, and additional compensation structures tied to the company's success. 2. California Sample Employment Agreement — Interim President and Chief Executive Officer: In situations where a company requires temporary leadership, this agreement is designed for interim executives who step in to fill the vacant position for a limited period. 3. California Sample Employment Agreement — President and Chief Executive Officer – Nonprofit: Nonprofit organizations often have unique requirements and regulations. This agreement would be tailored to address the specific needs of a nonprofit and may include provisions related to fundraising efforts, grant management, and compliance with state and federal regulations. It's important to consult legal professionals and adapt these sample employment agreements to suit the specific needs and circumstances of Velocity, Inc. and the executive involved to ensure compliance with California employment laws and regulations.